Thursday, July 19, 2012

This week's top story: Capital One to refund $150 million to customers

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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

Feds: Capital One must refund $150 million
The bank deceptively marketed add-on credit protection, credit monitoring products, say federal agencies in announcing the consumer refunds and fines. More... 
Credit eases up for car buyers
Need a new car, but think your iffy credit will put the brakes on a good deal? A new report says you may be able to snag those keys after all. More... 
As bad debts fall, collection suits rise
Consumers are paying credit card bills on time more often and filing fewer bankruptcies, so why are lawsuits over debt collection soaring? More... 
Will swipe fee settlement help consumers?
A multibillion dollar "swipe fee" case tilts the balance of power from card issuers to merchants, but how will consumers benefit? More... 
Expert credit card advice

How to keep your budget from failing
'New Frugal You' expert Gary Foreman
Attempts at budgeting flop because they're poorly designed or unrealistic. But here's how you can make yours work. More...
 
Never trust roommates to pay your bills
'Opening Credits' expert Erica Sandberg
If a bill's in your name and your credit is on the line, trusting someone else to pay it is a mistake that can haunt you for seven years.
More...
 
There's a new catch to no-interest plans
'Credit Care' expert Tanisha Warner
An exception written into the CARD Act directs more of your payments to a deferred payment plan during the plan's final months.
More...
 
Accrued miles not seen on card bill
'Cashing in' expert Cathleen McCarthy
Purchases made with an airline credit card can get you reward miles, but why can't you see an up-to-date tally on your bill?
More...
 
More credit card news

In case of default, business cards get personal
A credit card may help finance your business, but the application may put your personal assets on the line if you default. More... 
Rate survey: Card rates remain unchanged
Interest rates on new credit card offers stayed put at 14.91 percent for the second straight week. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 7-19-2012)
National Average   14.91%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.46%
Cash Back   14.24%
Reward   14.75%
Bad Credit   23.64%
Airline   14.63%
Student   13.31%
Instant Approval   15.49%

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Thursday, July 12, 2012

This week's top story: FICO introduces new mortgage credit score

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More credit card news | Credit card help | Credit card videos | Credit card statistics July 12, 2012
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

FICO introduces new mortgage credit score
The tool may help more people get home loans by adding nontraditional data, such as child support payments and other, short-term installment loans, into the lending decision. More... 
Why minutes matter when paying your card bill
Legal changes stopped issuers from playing with due dates, but the time of day can vary and minutes matter for just-in-time payments. More... 
How to afford the high cost of drug rehab
Not every recovering addict can afford a swank rehab clinic, but everyone who needs help with substance abuse can find an affordable solution. More... 
'Cashless' cruising keeps you spending
Many cruise ships have gone to a cashless system onboard, but with cash out of sight, you can quickly go overboard on charges. More... 
Expert credit card advice

Inheritance at risk with bankruptcy filing
'To Her Credit' expert Sally Herigstad
Courts don't like you filing for bankruptcy before you get an inheritance, so there are rules about when those funds are truly yours. More...
 
With six cards already, would another one hurt?
'Opening Credits' expert Erica Sandberg
A 25-year-old with six credit cards already wants to know if adding yet another card to the mix will help or hurt her credit score.
More...
 
Ailing dad's card debt shouldn't worry mom
'Credit Care' expert Tanisha Warner
With few jointly shared assets and little income, he's judgment proof; creditors should be politely but firmly told to go away.
More...
 
Are gift cards best use of Worldpoints?
'Cashing in' expert Cathleen McCarthy
A reader wants to use her points for gift cards, but depending on the point total, cash back may be the way to go.
More...
 
More credit card news, blogs

Consumer card debt rocketed up in May
Consumer credit card balances rose in May after tumbling the previous month, according to new data from the Federal Reserve. More... 
Teen's money lessons pay off
At 18, her son's credit score is in the mid-700s, so blogger mom Julie Sherrier must have done something right. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 7-12-2012)
National Average   14.91%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.46%
Cash Back   14.24%
Reward   14.75%
Bad Credit   23.64%
Airline   14.63%
Student   13.31%
Instant Approval   15.49%

Personal finance tools
Credit card calculators
Credit card finder
Shop by profile
Privacy resources
Credit score estimator
Best credit cards

Search by card type
Low interest
Balance transfer
0% APR credit cards
Instant approval cards
Reward credit cards
Cash back credit cards
Airline credit cards
Business credit cards
Student credit cards
Prepaid and debit cards
Credit card specials

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Become a fan!
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Taking Charge: A CreditCards.com blog


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